The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo dipped to 46 this month following two months at 47. Expectations were for a slight increase. Nevertheless, the index level remained up by [...]
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.

Publications by Tom Moeller
Global| Feb 19 2013
U.S. Home Builders Index Slips M/M And Traffic Declines
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2013
U.S. Consumer Sentiment Improves Again
The University of Michigan's Index of Consumer Sentiment in mid-February rose to 76.3 (1.3% y/y) from 73.8 in January. The figure remained down versus the November high of 82.7 and compared to consensus expectations for 71.5. During [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2013
U.S. Industrial Output Dips As Strength in Factory Sector Eases
Industrial production slipped 0.1% last month following a 0.4% December rise, initially reported as 0.3%. (Data back through 2011 were revised.) A 0.2% gain had been expected in the Action Economics survey. Colder than normal [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 15 2013
Empire State Factory Index Shows Broad-based Improvement
The Empire State Factory Index of General Business Conditions moved back into positive territory in February following six consecutive months in the red. The increase to 10.04 compared to an unrevised -7.78 in January and beat [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2013
U.S. Initial Claims for Jobless Insurance Fall Again
The job market is on the road to recovery. Initial claims for unemployment insurance fell to 341,000 (-5.5% y/y) during the week ended February 9 versus a revised 368,000 a week earlier, reported initially as 366,000. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 14 2013
U.S. Business Inventory Accumulation Rate Moderates
Inventories are not sitting for long on businesses' shelves. Business inventories rose 0.1% (5.5% y/y) during December following a downwardly revised 0.2% November increase. That was the slowest monthly rise in six months. It lowered [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2013
U.S. Retail Sales Tick Higher
. January retail sales ticked up a minimal 0.1% following an unrevised 0.5% December increase. November's increase was raised to 0.5% from 0.4%. The latest uptick matched expectations, according to Action Economics. Retail sales [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2013
U.S. Mortgage Applications Slide As Interest Rates Remain At Higher Level
The Mortgage Bankers Association index of total mortgage applications fell 6.4% (-0.7% y/y) last week to the lowest level in five weeks. Home purchase applications fell 9.5% (17.3% y/y) while applications to refinance an existing loan [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2013
U.S. Import and Export Prices Rebound
U.S. prices in the foreign trade sector recovered last month following December weakness. Import prices increased 0.6% (-1.3% y/y) after a 0.5% December decline, originally reported as -0.1%. The Action Economics survey looked for [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 13 2013
U.S. Retail Sales Tick Higher
Growth in consumer spending throttled back last month following a firm ending to last year. January retail sales ticked up a minimal 0.1% following an unrevised 0.5% December increase. November's increase was raised to 0.5% from 0.4%. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 12 2013
U.S. Chain Store Sales Fall To 12-Month Low
Consumers continue to rein in spending. The latest report from the International Council of Shopping Centers and Goldman Sachs indicated that chain store sales fell 2.5% last week (+2.1% y/y) to the lowest level since February 2012. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Feb 12 2013
U.S. Gasoline Prices Add to Earlier Gains
The pump price for a gallon of regular gasoline rose notably for the fourth consecutive week. Last week's seven cent increase to $3.61 per gallon (2.5% y/y) pulled them up 36 cents from the December low. The norm for this time of [...]
by:Tom Moeller
|in:Economy in Brief
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